Telebackup ( TBP ) to blast off! Message Board

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Microcap & Penny Stocks : Telebackup ( TBP ) to blast off!

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To: Catawbakid who wrote (42)	8/28/1998 2:00:00 PM
From: Catawbakid	Read Replies (1) of 58

Anyone interested in TBP might want to get a copy of the 15 page research report put out by Thomson Kernaghan & Co. Obviously, the report is favorable to TBP but surprisingly objective in discussing the risks in buying TBP. The report is dated 07-23-98. At that time, TBP was trading at $3.80. The 12-month target was $7.50 IMO.Thomson would not have been putting their clients into TBP at a price above $6.00. So where has the buying been coming from which has taken the price to $7.50? Again I suspect that something is in the wind. Could Veritas have an interest in buying TBP?

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